AIRLINK 189.64 Decreased By ▼ -7.01 (-3.56%)
BOP 10.09 Decreased By ▼ -0.05 (-0.49%)
CNERGY 6.68 Decreased By ▼ -0.01 (-0.15%)
FCCL 34.14 Increased By ▲ 1.12 (3.39%)
FFL 17.09 Increased By ▲ 0.44 (2.64%)
FLYNG 23.83 Increased By ▲ 1.38 (6.15%)
HUBC 126.05 Decreased By ▼ -1.24 (-0.97%)
HUMNL 13.79 Decreased By ▼ -0.11 (-0.79%)
KEL 4.77 Increased By ▲ 0.01 (0.21%)
KOSM 6.58 Increased By ▲ 0.21 (3.3%)
MLCF 43.28 Increased By ▲ 1.06 (2.51%)
OGDC 224.96 Increased By ▲ 11.93 (5.6%)
PACE 7.38 Increased By ▲ 0.37 (5.28%)
PAEL 41.74 Increased By ▲ 0.87 (2.13%)
PIAHCLA 17.19 Increased By ▲ 0.37 (2.2%)
PIBTL 8.41 Increased By ▲ 0.12 (1.45%)
POWER 9.05 Increased By ▲ 0.23 (2.61%)
PPL 193.09 Increased By ▲ 9.52 (5.19%)
PRL 37.34 Decreased By ▼ -0.93 (-2.43%)
PTC 24.02 Decreased By ▼ -0.05 (-0.21%)
SEARL 94.54 Decreased By ▼ -0.57 (-0.6%)
SILK 0.99 Decreased By ▼ -0.01 (-1%)
SSGC 39.93 Decreased By ▼ -0.38 (-0.94%)
SYM 17.77 Decreased By ▼ -0.44 (-2.42%)
TELE 8.66 Decreased By ▼ -0.07 (-0.8%)
TPLP 12.39 Increased By ▲ 0.18 (1.47%)
TRG 62.65 Decreased By ▼ -1.71 (-2.66%)
WAVESAPP 10.28 Decreased By ▼ -0.16 (-1.53%)
WTL 1.75 Decreased By ▼ -0.04 (-2.23%)
YOUW 3.97 Decreased By ▼ -0.03 (-0.75%)
BR100 11,814 Increased By 90.4 (0.77%)
BR30 36,234 Increased By 874.6 (2.47%)
KSE100 113,247 Increased By 609 (0.54%)
KSE30 35,712 Increased By 253.6 (0.72%)

During the last few years, Pakistan's economy has rapidly transformed into a high growth and dynamic economy. It is a result of consistent policies that Pakistan has achieved this landmark success and has also been successful in modernising its tax culture by implementing far reaching Tax Administration Reforms, tailored to meet the needs of the tax payers and the economy.
CBR rightly deserves appreciation in playing a leading role in devising and implementing policies for revolutionising the investment climate in Pakistan by winning the trust of the tax payer.
Government liberal and business friendly policies are part of its extended reform agenda. These efforts would prove futile without reforming the prevailing taxation system. So we not only must formulate investment friendly policies but also continue to reform our system and tax culture.
In the past, there was generally a lack of trust between the taxpayers and the tax collectors. But now for the first time in Pakistan with the implementation of universal self assessment system a growing understanding and mutual trust is being established between the tax collectors and tax payers. This will definitely promote the tax compliance culture.
The National Conference on Tax Administration Reforms Programme will help us to explore new vistas for better governance of the tax reforms and realise even better understanding between the stakeholders. The deliberations will also help to educate the tax payers about Government's Taxation Policies.
I congratulate CBR on introducing a modern, integrated and business-friendly tax system in Pakistan which is contributing toward progress and prosperity of Pakistan. I would also like to extend my congratulations on successfully holding the National Conference on Tax Administration Reform Programme that will contribute in building a better future for our country.

Copyright Business Recorder, 2007

Comments

Comments are closed.